Hong Kong skyline from above

Hong Kong Inflation May 2019

Hong Kong: Inflation inches down in May

Inflation declined slightly to 2.8% in May, from 2.9% in April. When accounting for the effects of one-off government relief measures, inflation also came in at 2.8%, down from 2.9% in April. The print was primarily driven by a decrease in transport prices as well as moderating price pressures for holiday package tours.

For the March–May period, the average of the month-on-month variation in consumer prices was 0.3% in seasonally-adjusted terms, down from 0.4% in the three-month period ending in April.

Regarding the inflation outlook, a government spokesperson noted that:

“Looking ahead, inflation will likely remain moderate in the near term, in tandem with the easing in fresh-letting residential rentals earlier on and in external price pressures.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest